Is South Bay, FL 33493 a buyer’s or seller’s market?
South Bay is a buyer’s market. With about 7.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The South Bay housing market right now
In the three months ending August 31, 2026, 25% of homes in South Bay, FL 33493 sold above their list price, the typical home went under contract in 115 days and there were 7.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (45 days then) and the median sale price held steady to $197,415. Overall, South Bay is about as competitive as it was a year ago.
Within Palm Beach County, homes here sell more slowly than in 90% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Pahokee 33476 (0% sold over asking) or Boca Raton 33432 (0% sold over asking).
Run the numbers for 33493
Nearby markets
Belle Glade 33430Buyer’s market $225 /sq ftBoca Raton 33428Balanced $312 /sq ftBoca Raton 33431Balanced $427 /sq ftBoca Raton 33432Buyer’s market $856 /sq ft Browse all markets →Towns like South Bay nearby
Find towns like South Bay in other states →Where South Bay is
Loading map…
Questions about South Bay real estate
Is South Bay a buyer’s or seller’s market?
A buyer’s market: there were 7.2 months of supply in South Bay, FL 33493 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in South Bay?
The typical home went under contract in 115 days in the latest three months.
Do homes in South Bay sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 101.6% of the list price.
What are property taxes in South Bay?
About 0.86% of a home’s value a year in Palm Beach County, or roughly $3,440 on a $400,000 home.
What is the median home price in South Bay?
The median sale price was $197,415 in the three months ending August 31, 2026, about $216 per square foot.
Local agents
See all agents in 33493 →No sponsored agents in 33493 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 33493
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology